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The economic impact of coronavirus on Ramadan

As Ramadan begins we hear how coronavirus impacts the economy in countries marking it.

As Ramadan begins we hear how coronavirus impacts the economy in countries marking it. From Egypt, we get the views of traders in Cairo's famous el-Khalili market. Hesham Safwat is the head of online retailer Jumia Egypt, and explains how people's shopping habits have changed ahead of the holy month this year. And with Ramadan normally a big moment for television advertising each year, TV commercial director Tamer Mahdy discusses how filming has become virtually impossible. Also in the programme, European Union leaders have been discussing a potential $1.6tn European Recovery Fund. We hear from the Βι¶ΉΤΌΕΔ's Andrew Walker. Economist Nuria Mas at the IESE business school in Barcelona explains Spain's proposal to share the burden of borrowing among member states. And Dutch economist Esther Rijswijk tells us why northern states are reluctant to get involved in a joint loan. Plus, the NFL Draft, in which the US' American football teams pick their stars of the future has gone virtual; we speak to Gary Gramling from Sports Illustrated. (Picture: Ahmed is a trader at Khan el Khalili market in Cairo. Picture credit: Gurdeep Mattu.)

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27 minutes

Last on

Thu 23 Apr 2020 22:32GMT

Broadcast

  • Thu 23 Apr 2020 22:32GMT